UBA
Banks account maintenance charges income rise 14% to N209bn in 3 months
Nigerian banks earned N209.18bn from account maintenance charges in the first quarter of 2026, up 14.07%, driven by strong fee income across major listed lenders.
How Tony Elumelu made over N680bn from one investment in 5 months
Nigerian billionaire Tony Elumelu has earned an estimated N680 billion in five months after Heirs Energies acquired a 20% stake in Seplat Energy.
GTBank, UBA, FirstBank, others raise dollar spending limits on naira cards as FX crisis eases
Nigerian banks are easing international spending limits on naira debit cards as FX liquidity improves, reflecting enhanced foreign exchange stability.
Stock market closes month of May higher, as investors gain N414bn on last trading day
The Nigerian stock market rebounded after Eid holiday trading, driven by strong buying in selected stocks despite mixed market breadth and continued volatility.
Investors lose N889bn in one day as stock market closes red before Sallah
NGX fell 0.55% as weak sentiment and profit-taking ahead of Sallah holiday triggered sell-offs across sectors, wiping N889bn from market capitalisation.
Top US firm S&P releases fresh ratings on 7 Nigerian banks after recapitalisation
S&P Global Ratings has upgraded seven Nigerian banks, revealing confidence in Nigeria's banking sector amid strong economic reforms and projected robust returns.
Zenith, UBA, 2 other banks generate N570tn from electronic transactions amid Fintech pressure
Major Nigerian banks processed N570.17 trillion in electronic transactions in 2025, with Zenith Bank and UBA leading amidst rising fintech competition.
Three Nigerian tier-1 banks Lose ₦2.13 billion to fraud as CBN tightens controls in 2025
Nigeria’s cashless economy faces a challenge as banks report ₦2.13 billion in fraud losses in 2025, despite declining incidents and regulatory pressures ramping up.
Top female bank CEOs in Nigeria 2026: Meet the women leading major banks, driving growth
Female leaders like Adaora Umeoji and Nneka Onyeali-Ikpe are transforming Nigeria's banking sector, achieving historic gender representation and driving innovation.
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